How Bitcoin Mobile Works
Bitcoin Mobile solves the major problems with traditional Bitcoin through innovative technology and a mobile-first approach.
Problem 1 – Energy
Bitcoin mining faces huge challenges based on the high energy consumption needed to operate, this glaringly obvious issue will be solved utilising Bitcoin Mobile's lower consumption mining system.
Traditional fiat credit or debit cards obviously do not have energy consumption problems, Bitcoin Mobile has used Visa's transaction systems during the research and development of this alternative to the Bitcoin transaction protocol. Bitcoin Mobile offers private/permissioned principles within the exchanging of BTCv2 with other currencies, alongside our low energy consumption, thus providing Visa level transaction speeds to cryptocurrency through mobile payment technology.
Bitcoin Mobile's application has the lowest ever energy demand for any version of Bitcoin ever created, this delivers a superior option to the high energy consumption range provided by Bitcoin core, which takes up to 155 Twh per annum, the energy problem that Bitcoin has made come about, is based around the difficulty connected to solving the mathematical functions within bitcoins, because we are not a fork of Bitcoin, we are totally independent from Bitcoin core, with our own dedicated private/permission based blockchain. Bitcoin energy is going to increase due to its Proof of Work (PoW) protocol, which will become harder as time goes on returning fewer coins whilst it utilises more and more energy and computing power. The Bitcoin Mobile system works efficiently by rewarding miners/users for standard activity that will occur on a mobile during everyday use. This protocol is called Proof of Use (PoU), this is a protocol and technique that is significantly less demanding in order to prove ownership of coins and is eco friendly for the environment, as it runs without use of ASIC, CPU and GPU hardware.
Energy Awareness System
Bitcoin Mobile is designed to be environmentally friendly, using a fraction of the energy required by traditional Bitcoin mining
Energy Consumption Comparison
Bitcoin Mobile vs Traditional Bitcoin Mining
Energy Savings
Bitcoin Mobile uses approximately 0.5% of the energy required by traditional Bitcoin mining, resulting in significant energy savings.
Environmental Impact
Reducing carbon footprint through efficient mining
CO₂ Reduction
By using mobile devices that are already powered on rather than dedicated mining hardware, Bitcoin Mobile significantly reduces the carbon footprint associated with cryptocurrency mining.
Read CO₂ Reduction StudyThermal Management
Our intelligent thermal management system prevents device overheating and optimizes energy usage based on device conditions.
The Environment
The Bitcoin Mobile environment client works on various mobile devices as well as Apple and Android tablet devices. Bitcoin Mobile is a dedicated environment utilizing a new and efficient proof of use consensus mechanism which has the lowest ever Bitcoin iteration energy demands.
User Experience
Our UX/UI is optimised for mobile and tablet applications allowing users to perform Bitcoin Mobile (BTCv2) transactions and payments negating the need for funds to be held centrally. All transactions are wallet to wallet thus providing a secure and independent solution with no third party involvement.
Faster Transactions
The Bitcoin Mobile client was built to streamline mining with a new protocol which creates a blockchain structured to offer deletable smart(er) blocks offering secure low consumption mining using minimal bandwidth and storage.